Domestic online retail turnover in Hungary reached HUF 781 billion in 2019, which translates to €2.2 billion. This is an increase of 17% compared to the previous year, according to eNET Internet Research. The turnover of domestic e-commerce in Hungary may exceed €4.9 billion by 2024. The frequency of domestic online purchases has been growing steadily for years, with
Zalando expects to grow its business at double-digit rates in 2020. The overall fashion market expects to show significant negative growth this year. The online fashion platform aims to grow its Gross Merchandise Volume (GMV) by 10-20%. Zalando expects its revenue to grow within the same range, but slightly lower than the Gross Merchandise Volume due to the fast growth of
Last year e-commerce in Turkey was worth ₺83.1 billion. This translates to €10.76 billion. The Turkish e-commerce industry has had an increase of 39% compared to the year 2018. In 2018 the Turkish e-commerce industry was valued at ₺59.9 billion, which translates to €7.76 billion. In the last five years the Turkish e-commerce industry experienced an average growth of 35%.
According to the new BeCommerce Market Monitor, Belgian online trade broke all records in 2019. In the last year, the Belgian consumer spent a total of €11,46 billion euro online. This is an increase of €0,9 billion euro compared to 2018. On average, Belgian e-commerce consumers spend €1363 per year, concludes the research. Sofie Geeroms, Managing Director of BeCommerce,
This article was previously published in Cross-Border Magazine Author: Nico Hoeijmans Over the years, it has become significantly easier to buy products and services from anywhere in the world. Having it on your doorstep within only a few days is realised by an increasing amount of e-commerce entrepreneurs, too. For domestic orders, that might not come as a surprise,